Real Estate itself, is the most basic ownership of your piece of the world. Land ownership in the United states, consists of the property from your boundaries on the surface of the Earth all the way to the center of the Earth. In early America, settlers, engineers and surveyors set out across this vast country to establish the US Geological Survey to be able to describe real estate or real property by "meets and bounds" descriptions.
Without giving you the full lesson on geological surveys, Idaho Real Estate legal descriptions are based on the Boise-Meridian which runs from a specific point (The Initial Point) located near Kuna, Idaho. If you have ever read a true "meets and bounds" legal description for Idaho Real Estate, it will typically end with "...of the Boise-Meridian" or "BM". Thus the name of the city of "Meridian" because it lands on this geological meridian line.
Initial Point of Idaho
There are almost 54 million acres of land in Idaho. How do you know what land is yours?
So many people have asked me how long does a short sale take... Wow! What a loaded question!
After working short sales for several years now, in different markets, I have come to know that there is no straight answer!
It all depends on the 3rd party lender(s), the person(s) you get on the phone, what type of loan(s) the seller has, the mood of the negotiator, the cooperation and timeliness of the seller and a miriad of different variables.
I hope this Short Sale Time Line graphic will help you visualize this tedious process in a simple fashion.
Don Wixom RE/MAX Advantage 5680 E Franklin Rd Ste 100 Nampa, ID 83687 Direct: (208) 880-5039 Office: (208) 466-0002 Fax: (208) 466-2227 Email:
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